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South Korea Drafts 392 Trillion Won Investment Plan: Samsung, SK Hynix and Other Giants Bet Big on the Central Region

2026-07-02 02:35:29

Abstract generation in progress

Mars Finance News reported that on July 2, South Korea’s Ministry of Trade, Industry and Resources for Industry and Commerce announced it would inject 392 trillion Korean won in industrial investment into the central Chungcheong region. Of the total investment, Samsung’s subsidiaries will inject approximately 140 trillion Korean won for the construction of HBM wafer fabs, advanced packaging, OLED production, and battery line projects. SK Hynix plans to invest about 100 trillion Korean won to build NAND and advanced packaging plants. In addition, biopharmaceutical company Celltrion plans to put about 2 trillion Korean won into biopharmaceutical facilities. Further, approximately 150 trillion Korean won will flow to AI data centers. The South Korean government pledged to provide financing, tax incentives, and regulatory support to ensure the projects are carried out. (Cailianshe)

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